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20121208
20121208
Search Results 0 to 4 of about 5 (some duplicates have been removed)
cliff and what it's doing for hiring, or the lack of it. and speaking of the fiscal cliff, let me say to washington, no vacation without legislation. we will be virtually monitoring airports to see which legislators are leaving town now that the vacation is supposed to begin. you know what? if we don't have a deal by this vacation, or a pledge not to go away, then the odds go to -- down to 50-50 that we'll get one before the end of the year. and then we may only get one when people look at their take-home play and have a collective bout of nausea from a recognition that there was a fiscal cliff all along and we were just pushed over it. that's how much your paycheck's going to shrink. here's the bottom line. let's hope for the best that our politicians move in the right direction. something we can see as early as sunday morning when they appear on the major political talk shows like "meet the press." but we'll be preparing for the worst. >> the house of pain! >> that our lawmakers go home for the holidays, meaning we will likely go over the cliff and nothing will be done about it unti
getting freaked out by fiscal cliff situation in washington and basically would not necessarily be firing people basically putting everything on hold. they would simply not be making hiring decisions. there is other data saying that is what businesses are doing, and yet we saw a number saying all the new jobs. that indicates there is more momentum summer in the economy. host: retail is at the head of the list with 53,000 jobs. is that because of christmas? guest: they tried to take seasonal jobs out of it. that is not necessarily because of the holiday season. it does show consumers are shopping. that is one of the things you expect to come back early in a recession. those are not all full-time jobs, and they are not high- paying jobs. a lot of my be part-time jobs. it is better than having no jobs coming back. we are seeing those jobs coming back. we are seeing business service jobs, some might be temporary jobs. almost would be my call miscellaneous office workers. we are seeing some jobs coming back in the hospitality industry. hotels, restaurants. that tells you people are traveling a
. >> that was one of the things i found interesting is washington is so obsessed right now with the fiscal cliff, myself included, and what is happening with the budget showdown, the polling seem to indicate that for most americans of said the beltway, job creation and the state of the economy remains their main concern. what were you going to say? what's i think they go hand in hand. from a business perspective, large corporations are sitting on lots of cash. they are uncertain of what the future will bring. that is the economic future, but the future of tax policy and the rest of that. that is keeping the economy back. if we can reach a deal where we are not coming to blows every six months or one year on what tax policy will look like for another six months, that will give us confidence and will create jobs people want. i am not sure if there is a bifurcation between what washington is focused on and what people want. i think this is about jobs and economic growth. >> i did find one thing surprising. behind retirement programs, social security and medicare, seems to be job creation, deficit r
a discussion on the so- called fiscal cliff negotiations and the impact on unemployment insurance. from "washington journal" this is 40 minutes. host: we continue our look at unemployment insurance and its role in the fiscal clift debate, we are joined by michael tanner and josh bivens. mr. michael tanner, if you had your way in these discussions, where what unemployment insurance end up at the end of the day? guest: i think the emergency extension should fade away and we should go back to the 46 weeks that we have been at, the 26 weeks of traditional employment, and extended benefits in states that have higher unemployment rates. you start with the fact that unemployment insurance itself, when you extended for a long times as questionable value. we know it leads to an increase in the on and -- unemployment rate. that is dubious enough, but when you factor in that we will deficit finance this and slow economic growth overall, destroying jobs of the same time we pay people for being unemployed, a thing that creates a problem. host: how much money do we save if we do not extend emergency
Search Results 0 to 4 of about 5 (some duplicates have been removed)